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Jamie needs a new roof on her house. The cash cost is $5600. She decides to finance the project by paying 17.0% down, with
Jamie needs a new roof on her house. The cash cost is $5600. She decides to finance the project by paying 17.0% down, with the balance paid in 24 monthly payments of $207. a) What finance charge will Jamie pay? b) What is the APR to the nearest half percent? Click the icon to view the APR table. a) The finance charge is $
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